Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (10058)	1/19/1999 12:19:00 PM
From: Zorro	Read Replies (2) of 12468

Steven, You really need to go back to the FCC site and check your numbers again! Upfront Payments = Maximum Eligibility WNP = $80,431,637 (NOT $100M) NextBand = $30,231,211 (NOT $50M) Again, the key to the LMDS auction not being competitive and running out of steam so quickly was not enough bidding credits. <<"At least in LA, WNP won the B-block license. I would have to check who won the other markets..." NextBand won them all.>> Wrong. NextBand did not win them all... Mostly the B-block licenses... Why? You guessed it... NOT ENOUGH BIDDING CREDITS!!! Z

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